The market growth is primarily driven by the increasing demand for paints and coatings in the automotive industry. Economic growth in emerging countries and rising foreign investments have resulted in a rise in the per capita income of consumers. This has increased the purchasing power of consumers, which, in turn, is increasing the adoption of automobiles. Butyraldehyde finds many applications in paints and coatings used in the automotive industry. Therefore, the growth in the global automobile industry is expected to drive the demand for butyraldehyde during the forecast period.
As per Technavio, the growing use of butyraldehyde in the fragrance industry will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will influence market growth.
Butyraldehyde Market: Growing use of butyraldehyde in the fragrance industry
Butyraldehyde is an important raw material used in the preparation of essence and perfume. It is The global fragrance industry is growing steadily owing to the rising demand for fragrances and perfumes from end-users. The industry is also driven by the growing importance of grooming and the increasing focus on lifestyles among consumers. All these factors are expected to have a positive impact on the growth of the global butyraldehyde market during the forecast period.
Butyraldehyde Market: Segmentation Analysis
This market research report segments the butyraldehyde market by type (n-butanol, 2-ethylhexanol, polyvinyl butyral, and others) and geography (APAC, North America, Europe, South America, and the Middle East and Africa).
By type, the market growth in the n-butanol segment will be significant over the forecast period. The segment is driven by the rising demand for paints and coatings applications in various end-user industries.
The APAC region led the butyraldehyde market in 2021, followed by North America, Europe, South America, and the Middle East and Africa respectively. During the forecast period, the APAC region is expected to register the highest incremental growth. The rising investment in the construction industry in developing countries such as India is driving the growth of the regional market. In addition, strategies adopted by vendors such as redesigning distribution channels, shifting to new innovative products, and adopting digital technologies in supply chain operations will spur the growth of the butyraldehyde market in APAC during the forecast period.
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Some of the key topics covered in the report include:
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
Related Reports:
Butyraldehyde Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.48% |
Market growth 2022-2026 |
USD 73.61 million |
Market structure |
Fragmented |
YoY growth (%) |
7.38 |
Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
Performing market contribution |
APAC at 42% |
Key consumer countries |
US, China, Japan, Germany, and France |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Aurochemicals, BASF SE, Beijing Yunbang Biosciences Co.Ltd., Eastman Chemical Co., Hebei Xinji Chemical Group Co. Ltd., KH Neochem Co. Ltd., Loba Chemie Pvt. Ltd., Merck KGaA, Mitsubishi Chemical Corp., National Analytical Corp., OQ SAOC, Otto Chemie Pvt. Ltd., Perstorp Holding AB, Saanvi Corp., Santa Cruz Biotechnology Inc., The Dow Chemical Co., Thermo Fisher Scientific Inc., Tokyo Chemical Industry Co. Ltd., Toronto Research Chemicals Inc., and Xiamen Hisunny Chemical Co. Ltd |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents:
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Type
- 5.1 Market segments
- Exhibit 24: Chart on Type - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
- 5.2 Comparison by Type
- Exhibit 26: Chart on Comparison by Type
- Exhibit 27: Data Table on Comparison by Type
- 5.3 N-Butanol - Market size and forecast 2021-2026
- Exhibit 28: Chart on N-Butanol - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on N-Butanol - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on N-Butanol - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on N-Butanol - Year-over-year growth 2021-2026 (%)
- 5.4 2-Ethylhexanol - Market size and forecast 2021-2026
- Exhibit 32: Chart on 2-Ethylhexanol - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on 2-Ethylhexanol - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on 2-Ethylhexanol - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on 2-Ethylhexanol - Year-over-year growth 2021-2026 (%)
- 5.5 Polyvinyl Butyral - Market size and forecast 2021-2026
- Exhibit 36: Chart on Polyvinyl Buthyral - Market size and forecast 2021-2026 ($ million)
- Exhibit 37: Data Table on Polyvinyl Buthyral - Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Chart on Polyvinyl Buthyral - Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Polyvinyl Buthyral - Year-over-year growth 2021-2026 (%)
- 5.6 Others - Market size and forecast 2021-2026
- Exhibit 40: Chart on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 41: Data Table on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 42: Chart on Others - Year-over-year growth 2021-2026 (%)
- Exhibit 43: Data Table on Others - Year-over-year growth 2021-2026 (%)
- 5.7 Market opportunity by Type
- Exhibit 44: Market opportunity by Type ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 46: Chart on Market share by geography 2021-2026 (%)
- Exhibit 47: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 48: Chart on Geographic comparison
- Exhibit 49: Data Table on Geographic comparison
- 7.3 APAC - Market size and forecast 2021-2026
- Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.4 North America - Market size and forecast 2021-2026
- Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.5 Europe - Market size and forecast 2021-2026
- Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.6 South America - Market size and forecast 2021-2026
- Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.8 China - Market size and forecast 2021-2026
- Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.9 US - Market size and forecast 2021-2026
- Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.10 Japan - Market size and forecast 2021-2026
- Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)
- 7.11 Germany - Market size and forecast 2021-2026
- Exhibit 82: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 83: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 84: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.12 France - Market size and forecast 2021-2026
- Exhibit 86: Chart on France - Market size and forecast 2021-2026 ($ million)
- Exhibit 87: Data Table on France - Market size and forecast 2021-2026 ($ million)
- Exhibit 88: Chart on France - Year-over-year growth 2021-2026 (%)
- Exhibit 89: Data Table on France - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 90: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.3 Impact of drivers and challenges
- Exhibit 91: Impact of drivers and challenges in 2021 and 2026
9 Vendor Landscape
- 9.2 Vendor landscape
- Exhibit 92: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 93: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 94: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 95: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 96: Matrix on vendor position and classification
- 10.3 Aurochemicals
- Exhibit 97: Aurochemicals - Overview
- Exhibit 98: Aurochemicals - Product / Service
- Exhibit 99: Aurochemicals - Key offerings
- 10.4 BASF SE
- Exhibit 100: BASF SE - Overview
- Exhibit 101: BASF SE - Business segments
- Exhibit 102: BASF SE - Key news
- Exhibit 103: BASF SE - Key offerings
- Exhibit 104: BASF SE - Segment focus
- 10.5 Eastman Chemical Co.
- Exhibit 105: Eastman Chemical Co. - Overview
- Exhibit 106: Eastman Chemical Co. - Business segments
- Exhibit 107: Eastman Chemical Co. - Key offerings
- Exhibit 108: Eastman Chemical Co. - Segment focus
- 10.6 KH Neochem Co. Ltd.
- Exhibit 109: KH Neochem Co. Ltd. - Overview
- Exhibit 110: KH Neochem Co. Ltd. - Product / Service
- Exhibit 111: KH Neochem Co. Ltd. - Key offerings
- 10.7 Mitsubishi Chemical Corp.
- Exhibit 112: Mitsubishi Chemical Corp. - Overview
- Exhibit 113: Mitsubishi Chemical Corp. - Business segments
- Exhibit 114: Mitsubishi Chemical Corp. - Key news
- Exhibit 115: Mitsubishi Chemical Corp. - Key offerings
- Exhibit 116: Mitsubishi Chemical Corp. - Segment focus
- 10.8 OQ SAOC
- Exhibit 117: OQ SAOC - Overview
- Exhibit 118: OQ SAOC - Product / Service
- Exhibit 119: OQ SAOC - Key offerings
- 10.9 Perstorp Holding AB
- Exhibit 120: Perstorp Holding AB - Overview
- Exhibit 121: Perstorp Holding AB - Business segments
- Exhibit 122: Perstorp Holding AB - Key news
- Exhibit 123: Perstorp Holding AB - Key offerings
- Exhibit 124: Perstorp Holding AB - Segment focus
- 10.10 The Dow Chemical Co.
- Exhibit 125: The Dow Chemical Co. - Overview
- Exhibit 126: The Dow Chemical Co. - Business segments
- Exhibit 127: The Dow Chemical Co. - Key news
- Exhibit 128: The Dow Chemical Co. - Key offerings
- Exhibit 129: The Dow Chemical Co. - Segment focus
- 10.11 Thermo Fisher Scientific Inc.
- Exhibit 130: Thermo Fisher Scientific Inc. - Overview
- Exhibit 131: Thermo Fisher Scientific Inc. - Business segments
- Exhibit 132: Thermo Fisher Scientific Inc. - Key news
- Exhibit 133: Thermo Fisher Scientific Inc. - Key offerings
- Exhibit 134: Thermo Fisher Scientific Inc. - Segment focus
- 10.12 Tokyo Chemical Industry Co. Ltd.
- Exhibit 135: Tokyo Chemical Industry Co. Ltd. - Overview
- Exhibit 136: Tokyo Chemical Industry Co. Ltd. - Product / Service
- Exhibit 137: Tokyo Chemical Industry Co. Ltd. - Key offerings
11 Appendix
- 11.2 Inclusions and exclusions checklist
- Exhibit 138: Inclusions checklist
- Exhibit 139: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 140: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 141: Research methodology
- Exhibit 142: Validation techniques employed for market sizing
- Exhibit 143: Information sources
- 11.5 List of abbreviations
- Exhibit 144: List of abbreviations
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
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